The stock of Endurance Specialty Holdings Ltd. (NYSE:ENH) is a huge mover today! About 16.12M shares traded hands or 3210.88% up from the average. Endurance Specialty Holdings Ltd. (NYSE:ENH) has risen 36.64% since March 2, 2016 and is uptrending. It has outperformed by 28.38% the S&P500.
The move comes after 9 months positive chart setup for the $8.39B company. It was reported on Oct, 5 by Barchart.com. We have $120.18 PT which if reached, will make NYSE:ENH worth $2.60B more.
Analysts await Endurance Specialty Holdings Ltd. (NYSE:ENH) to report earnings on November, 7. They expect $1.63 EPS, up 103.75% or $0.83 from last year’s $0.8 per share. ENH’s profit will be $149.07M for 14.07 P/E if the $1.63 EPS becomes a reality. After $0.81 actual EPS reported by Endurance Specialty Holdings Ltd. for the previous quarter, Wall Street now forecasts 101.23% EPS growth.
Endurance Specialty Holdings Ltd. (NYSE:ENH) Ratings Coverage
Out of 3 analysts covering Endurance Specialty Holding (NYSE:ENH), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Endurance Specialty Holding has been the topic of 4 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Wood upgraded the stock to “Outperform” rating in Monday, July 11 report.
According to Zacks Investment Research, “Endurance Specialty Holdings Ltd., through its wholly owned operating subsidiaries, is a global provider of property and casualty insurance and reinsurance. Through these subsidiaries, Endurance currently writes property per risk treaty reinsurance, property catastrophe reinsurance, casualty treaty reinsurance, property individual risks, casualty individual risks and other specialty lines. Endurance’s operating subsidiaries have been assigned a group rating of A- (Excellent) from A.M. Best, and headquarters are in Bermuda.”
Insitutional Activity: The institutional sentiment increased to 1.28 in 2016 Q2. Its up 0.18, from 1.1 in 2016Q1. The ratio is positive, as 27 funds sold all Endurance Specialty Holdings Ltd. shares owned while 81 reduced positions. 30 funds bought stakes while 108 increased positions. They now own 56.33 million shares or 0.78% less from 56.78 million shares in 2016Q1.
Bnp Paribas Arbitrage holds 0.01% or 31,271 shares in its portfolio. Cooke Bieler L P owns 458,885 shares or 0.68% of their US portfolio. The Pennsylvania-based Stevens Capital Ltd Partnership has invested 0.08% in Endurance Specialty Holdings Ltd. (NYSE:ENH). First Manhattan owns 2,029 shares or 0% of their US portfolio. Rs Investment Mgmt Company Limited Liability Company holds 761,997 shares or 0.53% of its portfolio. Jacobs Levy Equity last reported 154,514 shares in the company. Wfg Advsrs L P has 25 shares for 0% of their US portfolio. Nuveen Asset Limited holds 0.01% or 17,367 shares in its portfolio. Jane Street Grp Incorporated Ltd reported 27,858 shares or 0.01% of all its holdings. State Board Of Administration Of Florida Retirement Systems holds 0.02% of its portfolio in Endurance Specialty Holdings Ltd. (NYSE:ENH) for 82,378 shares. Moreover, World Asset Mngmt has 0.01% invested in Endurance Specialty Holdings Ltd. (NYSE:ENH) for 3,013 shares. United Fire Gru has invested 0.12% of its portfolio in Endurance Specialty Holdings Ltd. (NYSE:ENH). The New York-based Goldman Sachs Gp has invested 0.05% in Endurance Specialty Holdings Ltd. (NYSE:ENH). Marathon Asset Mngmt Llp, a United Kingdom-based fund reported 410,116 shares. Victory Capital Management accumulated 0.18% or 679,875 shares.
Insider Transactions: Since May 31, 2016, the stock had 3 insider buys, and 0 sales for $10.86 million net activity. BAILY JOHN THOMAS bought $2,603 worth of stock. Another trade for 160,000 shares valued at $10.86 million was bought by CHARMAN JOHN.
More important recent Endurance Specialty Holdings Ltd. (NYSE:ENH) news were published by: Reuters.com which released: “Insurer Sompo to buy Endurance Specialty for $6.3 billion” on October 04, 2016, also Fool.com published article titled: “Endurance Specialty Holdings Ltd. Reports Big Premiums Growth From Montpelier …”, Reuters.com published: “Japan’s Sompo to buy Endurance Specialty for about $6.5 bln -sour…” on October 04, 2016. More interesting news about Endurance Specialty Holdings Ltd. (NYSE:ENH) was released by: Nasdaq.com and their article: “Endurance Specialty Holdings Ltd. to Release Third Quarter 2016 Financial …” with publication date: September 06, 2016.
ENH Company Profile
Endurance Specialty Holdings Ltd., incorporated on June 27, 2002, is a holding company. The Company, through its operating subsidiaries in Bermuda, the United States and the United Kingdom, focuses on underwriting specialty lines of personal and commercial property, and casualty insurance and reinsurance. The Firm operates through two divisions: Insurance and Reinsurance. In the Insurance segment, the Company writes agriculture, casualty and other specialty, professional lines and property, marine/energy and aviation insurance. In the Reinsurance segment, the Company writes catastrophe, property, casualty, professional lines, and specialty reinsurance. The Company’s Insurance and Reinsurance divisions both include property-related coverages, which provide insurance or reinsurance of an insurable interest in tangible property for property loss, damage or loss of use. In addition, the Company’s Insurance and Reinsurance divisions include various casualty insurance and reinsurance coverages, which are concerned with the losses caused by injuries to third parties.
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